Wealthfront Advisers LLC Acquires 33,401 Shares of abrdn Physical Precious Metals Basket Shares ETF $GLTR

Wealthfront Advisers LLC boosted its holdings in shares of abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 21.9% in the first quarter, Holdings Channel.com reports. The fund owned 185,979 shares of the company’s stock after acquiring an additional 33,401 shares during the quarter. Wealthfront Advisers LLC’s holdings in abrdn Physical Precious Metals Basket Shares ETF were worth $40,677,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Morgan Stanley boosted its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 6.6% during the fourth quarter. Morgan Stanley now owns 553,776 shares of the company’s stock valued at $113,856,000 after purchasing an additional 34,142 shares during the period. Wells Fargo & Company MN increased its stake in abrdn Physical Precious Metals Basket Shares ETF by 12.0% in the 4th quarter. Wells Fargo & Company MN now owns 471,068 shares of the company’s stock worth $96,852,000 after buying an additional 50,391 shares during the period. LPL Financial LLC increased its stake in abrdn Physical Precious Metals Basket Shares ETF by 39.6% in the 4th quarter. LPL Financial LLC now owns 380,713 shares of the company’s stock worth $78,275,000 after buying an additional 107,963 shares during the period. Bank of America Corp DE lifted its holdings in abrdn Physical Precious Metals Basket Shares ETF by 8.2% during the 3rd quarter. Bank of America Corp DE now owns 379,067 shares of the company’s stock valued at $62,717,000 after buying an additional 28,819 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in abrdn Physical Precious Metals Basket Shares ETF by 10.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 232,088 shares of the company’s stock valued at $47,717,000 after buying an additional 21,283 shares in the last quarter.

abrdn Physical Precious Metals Basket Shares ETF Stock Down 0.4%

abrdn Physical Precious Metals Basket Shares ETF stock opened at $181.87 on Thursday. The company has a 50 day moving average price of $200.73 and a 200-day moving average price of $219.50. abrdn Physical Precious Metals Basket Shares ETF has a fifty-two week low of $137.98 and a fifty-two week high of $295.44.

abrdn Physical Precious Metals Basket Shares ETF Company Profile

The abrdn Physical Precious Metals Basket Shares ETF (GLTR) is an exchange-traded fund that mostly invests in broad market commodities. The fund tracks the spot prices of a basket of gold, silver, platinum and palladium, less trust expenses. GLTR was launched on Oct 22, 2010 and is managed by Abrdn.